Unsettling influence

PUB. DATE

April 2004

SOURCE

Cabinet Maker;4/16/2004, Issue 5384, p7

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

Reports on impact of the decision of the Bank of England to control the inflation rate on the strength of the pound against the dollar currency in the country. Factors causing the rise on the price of various commodities; Increase on the level of competition; Decrease of consumer spending.

ACCESSION #

12895659

Related Articles

Discusses the need for the South African government to tighten its control of administered prices in August 2004. Impact of sound administered prices on interest rates; Increase in administered prices in 2004.

In this article, we explore how developments in key macroeconomic driving forces can explain developments in consumer price inflation since 2001. The relationships are analysed using empirical models. We find that prices for domestically produced goods and services excluding rent have moved in...

This article focuses on various consequences of world economic development. According to the International Monetary Fund (IMF), world economic growth was just a little over 4 percent per year over the past three years. Long-term fundamental investors know that economic growth has a good effect...

This paper provides new insight into the relationship between inflation and the setting of individual prices by examining a large data set of Mexican consumer prices covering episodes of both low and high inflation. When the annual rate of inflation is low (below 10%-15%), the frequency of price...

The main objective of Monetary Policy in Albania is achieving and maintaining price stability. In quantitative terms with price stability is intended keeping inflation in the level of 3 percent, with the band +/- 1 percent. Even though the share of food in the consumption basket in Albania is...

The article analyzes the impact of the weakness in housing costs on core inflation in the U.S. The decline in house values represents a pattern of price increases in consumption goods and services. Its weaknesses reduces the inflation rate of the housing components of core inflation and does not...

The purpose of this paper is to consider those elements, in the cases of both adaptive and rational expectations. Section II derives the optimal path of consumption and real cash balances planned by individual money holders, given the expected paths of the inflation rate and of the real value of...

The article reports on the economic outlook in Ukraine for 2009. The disinflationary trend in the region appears to stall in December. The ongoing correction in global soft commodity and energy prices will play a key role in easing inflation. There will be a contraction in price growth within...

The article examines the measure of inflation used in estimating Taylor rules for monetary policy action. It was found that a time-varying measure of core inflation yields reasonable estimates of inflation while the headline consumer price inflation (CPI) does not provide reasonable estimates of...